Latest Mining Lease News

Resources & Energy Group Limited (ASX: REZ) has announced a significant upgrade to the Goodenough Gold Deposit resource at its East Menzies Gold Project, increasing contained gold by over 15,000 ounces to 61,200 ounces. The majority of the resource is now classified as Indicated and remains open for expansion.

Magnetic Resource NL has updated its scoping study for the Lady Julie Gold Project, significantly increasing the underground production target and extending the mine life. The revised plan also lowers underground mining costs and defers some capital expenditure by prioritising open pit operations.

Manuka Resources has released an amended Pre-Feasibility Study for its Cobar Basin assets, revealing a significant uplift in project profitability and a detailed 10-year mine plan targeting production in Q2 2026.

Caprice Resources has kicked off an ambitious 50,000-metre drilling campaign across its Murchison Gold Projects, aiming to define a maiden Mineral Resource Estimate and uncover new high-grade gold zones.

Orbminco Limited has announced a significant update to its Majestic North Gold Project resource, increasing contained gold ounces by 127% and highlighting a high-grade domain that could accelerate mining plans.

Aurum Resources has raised $28.8 million through a strategic placement led by Perseus Mining, boosting its cash reserves to over $60 million. This capital injection will fund an aggressive drilling campaign and feasibility studies for its key gold projects in Côte d’Ivoire.

Minerals 260 secures Foreign Investment Review Board approval, enabling Franco-Nevada to complete a $220 million funding package that accelerates development of the Bullabulling Gold Project.

Dundas Minerals has launched a reverse circulation drilling campaign at its Rockland Gold Project near Kalgoorlie, aiming to extend a high-grade gold discovery along strike and at depth. The program also sets the stage for further exploration at nearby Baden-Powell.

St Barbara Limited is on track to complete key transactions with Lingbao Gold Group and Kumul Mineral Holdings, unlocking A$370 million in cash and advancing the New Simberi Gold Project.

S2 Resources has identified significant gold-arsenic and gold-antimony soil anomalies at its Silver Spoon project in Victoria, signalling promising exploration potential near major regional mines.

Chariot Resources has raised A$2.1 million through a share placement, attracting institutional and sophisticated investors to back its expanding lithium projects in the US and Nigeria. The placement includes free attaching options, pending shareholder approval.

Atlantic Lithium secures a crucial green light from Ghana’s Parliament for its Ewoyaa Lithium Project, marking a key step towards production and investment decisions.